43240 Bacino Court
Indio, CA 92203
Listing broker / agent: HomeSmart · David Colin · CRMLS
MLS # 219153793DA · Last checked Oct 20, 2026 15:50 UTC
About this property
A rare opportunity to acquire a proven, high-performing lakefront short-term rental in Terra Lago--positioned for the investor who understands that the best STR acquisitions combine documented revenue, differentiated amenities, a strong depreciation basis, and the ability to perform from day one.This fully established 3-bedroom, 3-bath, 2,157-square-foot lakefront retreat generated $131,000 in verified gross rental revenue in 2025 and is currently on pace to exceed that performance in 2026. Unlike a speculative STR purchase where the buyer must renovate, furnish, build reviews and establish a rental history, this property already has the amenities and proven performance guests are looking for.The outdoor space is the centerpiece: a private saltwater pool and spa, expansive lake and mountain views, commercial-grade misters, lakeside fire pit, built-in BBQ, covered outdoor TV lounge and multiple entertaining areas create a true resort-style guest experience. Inside, the property features an open entertaining layout, custom bar, upgraded finishes, custom TV wall and a private primary-suite balcony overlooking the water. An arcade/game-room component further enhances the property's appeal to vacation-rental guests. The home accommodates up to 10 guests and has been thoughtfully positioned to compete in Indio's event-driven STR market. For investors focused on tax efficiency, the numbers become even more compelling. Public tax records currently allocate approximately $302,757 to land and $706,429 to improvements, meaning roughly 70% of the current assessed value is attributed to improvements rather than non-depreciable land. A buyer should have their CPA and cost-segregation specialist establish the appropriate allocation at acquisition, but the property's substantial building and amenity basis--including the pool, spa, outdoor improvements, furnishings and qualifying components--could make it an attractive candidate for a cost-segregation study and accelerated depreciation, subject to the buyer's individual tax situation.CompassFor a 1031 exchange buyer, this is an opportunity to move equity into an established income-producing vacation rental rather than starting from scratch. For the hybrid buyer, it offers something equally compelling: a lakefront desert residence that can be personally enjoyed while producing meaningful rental income when not in use. And for an investor looking to enter the STR market, the property provides a documented
Property details
- MLS number
- 219153793DA
- Status
- Active
- Type
- Residential
- Subtype
- Single Family Residence
- Beds / baths
- 3 Beds • 3 Baths
- Living area
- 2,157 (area; units unconfirmed)
- Lot size
- 0.1 acres
- County
- Riverside
- Year built
- 2006
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 1
Building
- Year built
- 2006
- Year built source
- Assessor
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Condition
- Additions Alterations
- Living area source
- Assessor
Bathrooms
- Full bathrooms
- 2
- Half bathrooms
- 0
- Three-quarter bathrooms
- 0
- Quarter bathrooms
- 1
Rooms & interior
- Rooms
- Media Room
- Appliances
- Dishwasher, Ice Maker, Microwave, Refrigerator
- Flooring
- Vinyl
- Heating
- Central
- Fireplace
- Family Room, Gas
Exterior & parking
- Total parking spaces
- 4
- Garage spaces
- 2
- Carport spaces
- 0
- Parking
- Direct Access, Garage, Garage Door Opener
- Attached garage
- Yes
- Pool
- In Ground, Salt Water
- Spa
- In Ground, Private
- Lot size source
- Assessor
- Fencing
- Block
- Property outlook
- Mountains, Water
Utilities & community
- Community features
- Gated
- Association amenities
- Billiard Room, Clubhouse, Fitness Center, Lake Or Pond, Meeting Banquet Party Room, Barbecue, Playground
Fees & lease terms
- Association
- Yes
- Association fee
- $285.00
- Association fee frequency
- Monthly
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Amistad High (Continuation) (school website, opens in a new tab) Desert Sands Unified · Indio | 9–12 | 1.2 mi |
| Desert Sands A.T.L.A.S. (school website, opens in a new tab) Desert Sands Unified · Indio | 12 | 1.3 mi |
| Andrew Jackson Elementary (school website, opens in a new tab) Desert Sands Unified · Indio | K–5 | 1.5 mi |
| Thomas Jefferson Middle (school website, opens in a new tab) Desert Sands Unified · Indio | 6–8 | 1.9 mi |
| Richard R. Oliphant Elementary (school website, opens in a new tab) Desert Sands Unified · Indio | K–5 | 2.1 mi |
| Theodore Roosevelt Elementary (school website, opens in a new tab) Desert Sands Unified · Indio | K–5 | 2.2 mi |
| Martin Van Buren Elementary (school website, opens in a new tab) Desert Sands Unified · Indio | K–5 | 2.3 mi |
| Herbert Hoover Elementary (school website, opens in a new tab) Desert Sands Unified · Indio | K–5 | 2.4 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $999,900
- MLS-reported original asking price
- $999,900
| Observed (UTC) | Asking price |
|---|---|
| Oct 5, 2026 18:31 | $999,900 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Indio
Active residential homes for sale in Indio, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
50 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-20 16:24 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗